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Panel head blasts GOP budget plan opposition and risk
Rep. David Obey denounces the Gramm Rudman budget plan as a threat to growth. He argues it would raise deficits, fail to cut spending where needed, and hit the poor and elderly while sparing major military contracts. He warns against using a recession prone formula ahead of 1986 elections.
MENTIONED IN THIS ARTICLE
Washington (Ap
Tne Chaiman
Cougisvard Joint Economic Committee
Senate
Gramm-Rudman
David Obey
D-Wis
Reagan
Congress
Obey